Amazon Confirms £40 Billion UK Investment Plan

Work News | New Stardom

Amazon pickup and returns facility, representing the company’s investment in physical infrastructure.

An Amazon pickup and returns facility. The company has announced £40 billion in new UK infrastructure investment. Photo by Photo by Bryan Angelo/Unsplash

Amazon will invest £40 billion ($54 billion) in the United Kingdom over the next three years, with plans to build new fulfilment centres, expand data infrastructure, and redevelop film and office sites across the country.

The announcement, made on Tuesday, was described by Prime Minister Keir Starmer as a “massive vote of confidence” in the U.K. economy. It includes the construction of four state-of-the-art warehouses, the creation of thousands of jobs, and additional spending at Amazon’s East London headquarters and its recently acquired Bray Film Studios in Berkshire.

The U.S. tech firm said 4,000 new jobs will be created in total, including roles in Hull and Northampton. The figure also incorporates part of a previously announced £8 billion data centre plan to support its AI operations.

The move comes as the new Labour government intensifies efforts to attract foreign investment and reverse sluggish economic performance. Monthly GDP contracted by 0.3% in April. While tech investors such as Nvidia and TikTok have recently reaffirmed interest in the U.K., critics point to tax rises and tightening conditions for startups.

Amazon has operated in Britain for over two decades. Its announcement adds pressure on other large tech players to commit capital, as Downing Street positions post-Brexit Britain as a stable destination for high-scale infrastructure investment.

Sources:
Reuters | CNBC


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